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Title : Know 8 Easy Ways to Duplicate Money Ala Warren Buffet
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Know 8 Easy Ways to Duplicate Money Ala Warren Buffet
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Warren Edward Buffett is an investor, entrepreneur, and philanthropist from the United States. He is the most successful investor in the world. Buffett is a commissioner, managing director and simultaneously the largest shareholder in Berkshire Hathaway. Doubling money in the usual way is certainly not a problem. However, doubling money in strange and mystical ways can cause problems. If the normal way, such as investing in property or gold, then you can calculate the profit and loss, whereas if you use an abnormal method, you will not know your money back with the same amount or even disappear altogether.
The number of people who want wealth causes a phenomenon of multiplying money that is rife in society. Even though we entered the modern world, there are still people who are trapped by deception like this, even the value can reach billions of rupiah. Amazing indeed. For those of you who think logically, of course you will not follow such methods and instead you can try the easy way to double the money the richest investor style in the world, Warren Buffet below:
1. Invest immediately, don't wait for you to invest in the upstart
Use your time as well as possible by analyzing investment products that can provide good results. Don't be tempted by extraordinary returns, such as 200 percent, but you forget the risks. You better get a little yield, but your capital is safe, not disappearing.
Remember the wise advice Buffett, invest your money so that you are rich and do not reverse, wait for the rich first to invest.
2. Investment does not need much, start with a small nominal and low risk
Warren Buffet does not have many stock portfolios. Despite being one of the richest people in the world, he only has 30 portfolios. Be smart in choosing the type of investment that is suitable and profitable, rather than investing a lot of capital carelessly.
For beginners, you should start with a small capital investment and have a low risk as a learning phase.
3. Buy the business instead of the stock, study well the business profile that you will buy
Even though we buy shares from a company, we not only own the shares of the company, but we also become the owner of the company where we buy shares. Therefore, studying well about the business profile that we will buy is important to do.
4. Don't be in debt to buy shares
Do not owe in buying shares, this is because most people who are in debt to buy shares are usually investors who are speculators. This type of investor is easily tempted to buy and sell shares in a short time if there is a profit. Unlike the buffet warren which is a long-term investor.
In principle, to invest the money used is the allocation of funds from income. So do not let money from debt be used for investment because if there is a risk of investment going down, you are subject to double costs, namely interest and losses due to a decrease in asset value.
5. Allocate money efficiently
If the shares that you have do not have good prospects and tend to continue to fall, then immediately sell these shares and invest in other shares.
6. Think independent
Rich people do not always have to live glamorous. This is the philosophy of Warren Buffet that made him the inspiration of many people. Although rich, Buffett still lives a simple life.
7. Have an Open Mindset and keep learning
Despite having a powerful way to invest, the buffet did not rule out the possibility of buying shares that he had never wanted before. Seen from his efforts to consider buying IBM shares, although previously he did not like IT company shares.
8. Share with others, in addition to social purposes also train willing to face risk
Getting rich by sharing is one of the principles of warren buffet that we need to emulate. How not, even though rich, buffets do not necessarily become stingy about his wealth. He easily spends a lot of his personal money on charity and others.
Reference Source by Suara.com
Warren Edward Buffett is an investor, entrepreneur, and philanthropist from the United States. He is the most successful investor in the world. Buffett is a commissioner, managing director and simultaneously the largest shareholder in Berkshire Hathaway. Doubling money in the usual way is certainly not a problem. However, doubling money in strange and mystical ways can cause problems. If the normal way, such as investing in property or gold, then you can calculate the profit and loss, whereas if you use an abnormal method, you will not know your money back with the same amount or even disappear altogether.
The number of people who want wealth causes a phenomenon of multiplying money that is rife in society. Even though we entered the modern world, there are still people who are trapped by deception like this, even the value can reach billions of rupiah. Amazing indeed. For those of you who think logically, of course you will not follow such methods and instead you can try the easy way to double the money the richest investor style in the world, Warren Buffet below:
1. Invest immediately, don't wait for you to invest in the upstart
Use your time as well as possible by analyzing investment products that can provide good results. Don't be tempted by extraordinary returns, such as 200 percent, but you forget the risks. You better get a little yield, but your capital is safe, not disappearing.
Remember the wise advice Buffett, invest your money so that you are rich and do not reverse, wait for the rich first to invest.
2. Investment does not need much, start with a small nominal and low risk
Warren Buffet does not have many stock portfolios. Despite being one of the richest people in the world, he only has 30 portfolios. Be smart in choosing the type of investment that is suitable and profitable, rather than investing a lot of capital carelessly.
For beginners, you should start with a small capital investment and have a low risk as a learning phase.
3. Buy the business instead of the stock, study well the business profile that you will buy
Even though we buy shares from a company, we not only own the shares of the company, but we also become the owner of the company where we buy shares. Therefore, studying well about the business profile that we will buy is important to do.
4. Don't be in debt to buy shares
Do not owe in buying shares, this is because most people who are in debt to buy shares are usually investors who are speculators. This type of investor is easily tempted to buy and sell shares in a short time if there is a profit. Unlike the buffet warren which is a long-term investor.
In principle, to invest the money used is the allocation of funds from income. So do not let money from debt be used for investment because if there is a risk of investment going down, you are subject to double costs, namely interest and losses due to a decrease in asset value.
5. Allocate money efficiently
If the shares that you have do not have good prospects and tend to continue to fall, then immediately sell these shares and invest in other shares.
6. Think independent
Rich people do not always have to live glamorous. This is the philosophy of Warren Buffet that made him the inspiration of many people. Although rich, Buffett still lives a simple life.
7. Have an Open Mindset and keep learning
Despite having a powerful way to invest, the buffet did not rule out the possibility of buying shares that he had never wanted before. Seen from his efforts to consider buying IBM shares, although previously he did not like IT company shares.
8. Share with others, in addition to social purposes also train willing to face risk
Getting rich by sharing is one of the principles of warren buffet that we need to emulate. How not, even though rich, buffets do not necessarily become stingy about his wealth. He easily spends a lot of his personal money on charity and others.
Reference Source by Suara.com
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